TSE Gauge Ends Trading Week 0.5 Percent Higher

EghtesadOnline: Tehran Stock Exchange’s all-share index, TEDPIX, gained 505 points or 0.5% during the week that ended on March 23 to close at 95,445.1.

News ID: ۷۴۵۳۷۳

26 May 2018

Iran Fara Bourse’s benchmark index, IFX, gained 9.2 points or 0.84% to stand at 1,107.

Trading at Iran’s stock markets starts on Saturday and ends on Wednesday.

Over 6.28 billion shares valued at $716.54 million were traded on TSE last week. The number of traded shares dropped 17% while trade value grew by 67% compared to the week before last, according to Financial Tribune.

TSE’s First Market Index gained 357 points or 0.5% to end at 67,971.7. The Second Market Index grew by 1,083 points or 0.5% to close at 202,339.4.

And at IFB, over 1.29 billion securities valued at $286.5 million were traded, with the number of traded shares dropping by 40% and trade value growing by 28% compared to the previous week.

IFB’s market cap lost $331.2 million or 0.9% to reach $35.53 billion. Its First Market witnessed the trading of 116 million securities valued at $3.9 million, indicating a 40% drop in the number of traded securities and 28% uptick in trade value.

About 589 million securities valued at $31.7 million were traded in the Second Market. The number of traded securities and trade value dropped 11% and 1% respectively week-on-week.

Over 10 million debt securities valued at $205.9 million were also traded at IFB, growing 31% in number of bonds traded and 34% in their value respectively.

Exchange-traded funds were also up 95% in trade shares and 81% in value to reach 46 million worth $15.4 million respectively.

Housing mortgage rights’ trade reached 40,000 securities worth $6.9 million, marking a 0.5% and 2% drop on both counts respectively.